The Business Times
business-time-50
SUBSCRIBERS

Job vacancies hit new high of 128,100 in Q1: MOM

google-preferred-sourceAdd BT as a preferred source
Tessa Oh

Tessa Oh

Published Fri, Jun 17, 2022 · 10:54 AM
    • The ratio of job vacancies to unemployment persons, at 2.42, also increased to its highest since 1998 due to a decline in unemployed people and increase in vacancies, says MOM.
    • The ratio of job vacancies to unemployment persons, at 2.42, also increased to its highest since 1998 due to a decline in unemployed people and increase in vacancies, says MOM. PHOTO: ST FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    JOB vacancies in Singapore rose to a new high in the first quarter of 2022, while a higher re-entry rate of 72 per cent was observed among residents 6 months after retrenchment, according to the Ministry of Manpower’s (MOM) Labour Market Report on Friday (Jun 17).

    Job vacancies grew to 128,100 in March, though the rate of increase, at 9 per cent, was slower compared to the previous quarter.

    The bulk of job vacancies were in the construction and manufacturing sector - mainly for non-PMET (professional, managerial, executive, and technical) job roles that are typically held by migrant workers - as well as in the financial services; information and communications; public administration and education; and professional services sectors.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Singapore manpowerMinistry of ManpowerSingapore economyUnemploymentEmployment

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    With the move, Ensign InfoSecurity will be reclassified as an associated company of StarHub, rather than a subsidiary.

    StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain

    The yen weakened to a low of 125.33 yen per Singdollar on April 13, before recovering slightly to about 124.91 on April 15.

    Singaporeans can now buy record amount of yen per Singdollar

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    Keppel DC Singapore 7 and 8 (above). Portfolio occupancy of the Reit stands at 95.6%, with a reversion of about 51%.

    Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More